China’s Lithium Hydroxide Output Poised To Recover Further In June With Market Betting On Demand Recovery For High-Nickel Ternary Materials

Published: Jun 8, 2023 11:05

Source: SMM

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SHANGHAI, Jun 8 (SMM) – Below is SMM’s exclusive data on China’s lithium hydroxide output in May and forecast for June.

China’ lithium hydroxide output stood at 25,108 mt in May, up 7.4% MoM and 22% YoY. The production of some lithium hydroxide smelters recovered remarkably after being hindered by ore shortages, which more than offset output loss caused by maintenance at others. While rising industrial-grade lithium carbonate prices weakened the cost performance of causticisation process, the increase in outsourcing orders allowed the total output of causticisation-based lithium hydroxide to grow.

Market is betting on recovery of demand for high-nickel ternary materials this month. SMM estimates that China’ lithium hydroxide output will be 26,090 mt in June, up 3.9% MoM and 22% YoY.

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Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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